Question
On April 3, Erin Gardner received her bank statement showing a balance of $2,088.93. Her checkbook showed a balance of $1,932.47. Outstanding checks were $234.15,
On April 3, Erin Gardner received her bank statement showing a balance of $2,088.93. Her checkbook showed a balance of $1,932.47. Outstanding checks were $234.15, $337.80, $98.10, $112.42, and $192.67. The account earned $22.43. Deposits in transit amount to $832.11, and there is a service charge of $9.00. Use the form below to calculate the reconciled balance.
| CHECKBOOK BALANCE | $ | STATEMENT BALANCE | $ |
|---|---|---|---|
| Add: Interest Earned & Other Credits | $ | Add: Deposits in Transit | $ |
| SUBTOTAL | $ | SUBTOTAL | $ |
| Deduct: Service Charges & Other Debits | $ | Deduct: Outstanding Checks | $ |
| ADJUSTED CHECKBOOK BALANCE | $ | ADJUSTED STATEMENT BALANCE | $ ? |
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Accounting For Beginners
Authors: Kokab Rahman
1st Edition
149479294X, 978-1494792947
